[Vision2020] Pres mans-up

Joe Campbell philosopher.joe at gmail.com
Wed Nov 3 18:50:19 PDT 2010


A lot different than the Bush reaction, or than the way Republicans reacted two years ago. Like I said, I'm happy because now both parties will put their efforts toward economic recovery. Thanks for the post, Doug!



On Nov 3, 2010, at 5:57 PM, Glenn Schwaller <vpschwaller at gmail.com> wrote:

>> From the Huffington Post:
> 
> A chastened President Barack Obama signaled a willingness to
> compromise with Republicans on tax cuts and energy policy Wednesday,
> one day after his party lost control of the House and suffered deep
> Senate losses in midterm elections.
> 
> Obama ruefully called the Republican victories "a shellacking" and
> acknowledged that his own connection with the public had frayed.
> 
> At a White House news conference, the president said that when
> Congress returns, "my goal is to make sure we don't have a huge spike
> in taxes for middle class families." He made no mention of his
> campaign-long insistence that tax cuts be permitted to expire on
> upper-income families, a position he said would avoid swelling the
> deficit but put him in conflict with Republicans.
> 
> He also virtually abandoned his legislation – hopelessly stalled in
> the Senate – featuring economic incentives to reduce carbon emissions
> from power plants, vehicles and other sources.
> 
> "I'm going to be looking for other means of addressing this problem,"
> he said. "Cap and trade was just one way of skinning the cat," he
> said, strongly implying there will be others.
> 
> In the campaign, Republicans slammed the bill as a "national energy
> tax" and jobs killer, and numerous Democrats sought to emphasize their
> opposition to the measure during their own re-election races.
> 
> The president opened his post-election news conference by saying
> voters who felt frustrated by the sluggish pace of economic recovery
> had dictated the Republican takeover in the House.
> 
> Asked to reflect on the returns, he said, "I feel bad," adding that
> many Democrats who went down to defeat had done so knowing they risked
> their careers to support his agenda of economic stimulus legislation
> and a landmark health care bill. He blamed himself, in part.
> 
> "The relationship that I've had with the American people is one that
> built slowly, peaked at this incredible high, and then during the
> course of the last two years, as we've together gone through some very
> difficult times, has gotten rockier and tougher," Obama said.
> 
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